the bear market is over, the boom is back, page-5

As usual, it takes time to really work out what it going on, the near term risk is that as usual, the retail and commercial sectors take the opportunity of July 1 to wheel in those price increases that they have been planning.

Add the recent increases in the price of electricity, which our esteemed labor government has brought about with very generous subsidies for solar cells and other initiatives, which will be passed on to consumers, and we may have some decent increases in price this year.

If the eurozone and US can hold up for a while and China can keep on motoring, we may well get those rate rises, which would take a toll on the most leveraged sectors of the property market, even in spring.